On June 2, 2025, S&P Global Ratings (S&P) published the Report on Latvia following the semi-annual review of ratings, according to which the credit rating of Latvia remains at A level with a stable outlook. The stable outlook reflects agency`s expectation that the Russia-Ukraine war will not spread to the territory of NATO members, including Latvia, which has been a member since 2004. According to S&P view, medium-term risks to Latvia's budgetary and growth performance arising from regional geopolitical developments are balanced by a projected cyclical economic recovery that will take hold in 2026 on the back of rebounding demand and supported by a ramp up in investments combined with further loosened monetary policy. S&P…